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The portfolio consists of nine properties totaling 1,128,023 square feet and located in the Cleveland/Akron Metropolitan Statistical Area. The offering presents a rare opportunity to acquire a critical mass of neighborhood and community shopping centers that are anchored by market-leading grocers and located in the country's 17th largest media market. Click on the link for further details.
 
Fairlane Green
Regional community center located in the heart of an in-fill suburban trade area with a dense, middle-income population base. The center is anchored by Barnes & Noble, Bed Bath & Beyond, Michaels, Old Navy and TJ Maxx; and shadow anchored by Target. The center is 87% occupied and can be acquired without the need to assume any existing debt. For further details on this opportunity, please click the above link.
 
Lincolnshire Commons
A trophy-quality retail and dining complex in the affluent North Shore suburbs of Chicago. The property is comprised of 122,727 square feet and is anchored by some of the nation's hottest restaurant chains. The center features two big box retailers along with several key lifestyle tenants. Value-add opportunity through the future development of a final building pad. The center is being offered with attractive assumable financing in place. Click on the above link for further details.
 
Metropolis is a Class A lifestyle center located in the Indianapolis suburb of Plainfield approximately 15 miles southwest of downtown.  There are different components of the center available including the bulk of the developed center, a smaller portion of the developed center, and undeveloped land parcels. Visit the property website for more information.
 
Parkway Place is a two-level enclosed mall consisting of 623,436 square feet located in Huntsville, Alabama. The mall is anchored by Belk and Dillard's (separately owned) and features a wide array of top national retailers and an undeveloped anchor pad site. Click on the link above for further details on this offering.
 
Troy Development Site
Metro Detroit's finest development site at an upper-income, in-fill location immediately west of Somerset Collection, the premier regional mall in the Detroit MSA. The site consists of two adjacent land parcels totaling 40 acres with a 906,000 sf vacant office building, formerly Kmart's corporate headquarters. The site has obtained approval for $13.2 million in Brownfield and Tax Increment Financing Incentives, and is the only site in the area zoned for significant retail development. Click the above link for further details.

George B. Good
Executive Vice President

CBRE Capital Markets
Institutional Group
Oak Brook, Illinois

T 630.573.7010
F 630.573.1298
 
 
 
 
© 2009 CB Richard Ellis | Last Modified:Wednesday, October 14, 2009
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